Paulson Loses $1 Million on Washington Home Sale
This article is for subscribers only.
Henry Paulson, the former U.S. Treasury secretary, sold his three-bedroom Washington home last week for about $1 million less than he paid for it near the peak of the housing market four years ago.
The property sold for $3.25 million after originally being listed at $4.6 million, according to the website of the broker, Washington Fine Properties LLC. The asking price was later cut to $4.15 million.